Trident Limited announced its audited financial results for the quarter and financial year ended March 31, 2026. The company declared a 1st interim dividend of INR 0.50 per share for the financial year 2026-27. Additionally, the Board approved the re-appointment of Mr. Deepak Nanda as Managing Director for a three-year term and sanctioned the raising of up to INR 500 crore through non-convertible debentures to support future growth.
Annual Financial Performance
For the financial year ended March 31, 2026, Trident Limited reported standalone revenue from operations of INR 66,811.6 million, with a net profit after tax of INR 3,760.6 million. The consolidated results reflect steady performance across key business segments, including Yarn, Towel, Bedsheets, and Paper and Chemicals. The company’s focus remains on operational efficiency and sustainable growth across its diversified portfolio.
Dividend and Shareholder Benefits
The Board of Directors has declared a 1st interim dividend of INR 0.50 per fully paid-up equity share (50% of the face value of INR 1) for the financial year 2026-27. The company has fixed Saturday, May 23, 2026, as the Record Date to determine the eligibility of shareholders for this dividend payout.
Leadership and Strategic Decisions
In a move to ensure continued strategic direction, the Board has approved the re-appointment of Mr. Deepak Nanda as Managing Director for a three-year term, effective from September 5, 2026, to September 4, 2029, pending shareholder approval. Furthermore, the company has decided to discontinue the incorporation of a previously proposed domestic wholly-owned subsidiary, citing that the entity is no longer required following a review of operational needs.
Capital Raising Plans
To bolster its financial position, the Board has recommended the raising of funds not exceeding INR 500 crore through the issuance of non-convertible debentures. This capital may be raised via public or private offerings in one or more tranches, subject to necessary shareholder approvals.
Upcoming Annual General Meeting
Trident Limited will hold its 36th Annual General Meeting (AGM) on Friday, July 31, 2026, where shareholders will review the company’s performance and vote on proposed resolutions, including the re-appointment of leadership and capital-raising initiatives.
Source: BSE
